Top selling cars in Indonesia in October
October Indonesia car sales data is out, the top five brands pattern remains unchanged, but Suzuki and Mitsubishi switched places. BYD rose to sixth, Fuso and other brands moved back.October all-brand sales 77,191 units of record high, an increase of 6.2%. January-October cumulative sales...
Indonesian government cracks down on 49 billion rupiah in illegal imports in a week
The Minister of Finance revealed that they cooperated with the Coordinating Minister for Political and Security Affairs to crack down on the smuggling of illegally imported goods valued at Rp 49 billion in one week. The operation was carried out through cooperation with the Customs Department, National Police, Prosecutor's Office, Ind...
Indonesia's nuclear power plants are planned to be located in the western region
The Indonesian government is selecting sites in the west and other places to build nuclear power plants, last year the parliament identified nuclear energy as a new energy option, the Prabowo government will promote. It is proposed to build nuclear power plants of different capacities, with 1-2 GW of large nuclear power plants in the west, and small modular reactors are also planned...
iPhone 16 sales in Indonesia hampered by substandard localization rate
The fate of iPhone 16 series sales in Indonesia is uncertain, as Apple's TKDN certificate has expired and not been renewed. Indonesia requires a TKDN to be met for the sale of the device, with a current minimum of 35%, with discussions of raising it to 40% but no new regulations. Samsung, Xiaomi, Oppo...
Complete list of twenty special economic zones throughout Indonesia
At the end of his term in October 2024, President Joko designated two Special Economic Zones KEK, which are areas with certain boundaries to perform economic functions and to acquire certain facilities. With the enactment of the 2009 law on SEZs, the KE...
Indonesia International Coal and Energy Industry Expo to be held at Jakarta International Convention and Exhibition Center in May 2025
On December 6, 2024, the press conference of 2025 Indonesia International Coal and Energy Industry Expo and Indonesia International Coal Clean Utilization and Green Mining Conference was held at Modern Country Golf Club, Jakarta, Indonesia. Indonesia Energy and ...
Indonesia extends anti-dumping duty to cope with China's steel import onslaught
The Indonesian government in the past more than a decade to protect the steel industry with anti-dumping import duties (BMAD), the government recently extended the BMAD for iron or non-alloy steel H-beam to I-beam products for five years, the tax rate of 11.93%. Previously, the relevant provisions of the many times adjusted, the limit...
Indonesia's core tax system to begin next year
Indonesia's core tax management system will be officially operational by January 2025. According to the Director General of Taxation of the Ministry of Finance, the implementation of the system is expected to raise the tax rate from about 10% to 12% in the next five years, which is expected to drive better economic growth. The current tax ...
Indonesian government seizes 9.8 billion rupiah in illegal imports of Chinese ceramic goods
Indonesian police, in a joint operation with the Ministry of Trade, have confiscated a shipment of illegal ceramics and tableware worth Rp 9.8 billion. The goods from China were seized at Tanjung Perak port and Surabaya warehouses due to the lack of complete import documents, such as commercial identification number...
Two Factors Achieving Growth in Indonesia's Automotive Market
The Indonesian automotive market in 2024 is challenging. Despite the influx of new brands, the market has stagnated or even shrunk, failing to break the one million unit mark for years, with Gaikindo targeting just 850,000 units this year. Manufacturers such as Hyundai are under pressure to PT...
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